Money and Monetary Policy for the Twenty-First Century

26 de febrero de 2010   | Vistas: 1 |  

About this video

In this conference, Jerry L. Jordan talks about the foundations of a market-based economy and the importance of understanding the concept of money. Jordan points out that honesty is critical to establishing credibility for a market system. He also emphasizes that creating a market-based economy is a gradual process with many challenges, but which will ultimately be successful. Jordan defines money as an entity that conveys information about relative prices and transactions. He discusses Ludwig von Mises and his ideas on inflation and deflation and warns against the misuse of terms such as money. Finally, he examines the idea of virtuous deflation.



Credits

Money and Monetary Policy for the Twenty-First Century
Jerry L. Jordan

Friedrich A. Hayek Audirorium
Universidad Francisco Marroquín
Guatemala, February 26, 2010

New Media - UFM production.  Guatemala, March 2010
Camera: Sergio Miranda, Mynor de León; digital editing: Alfredo Jop; index and synopsis: Ximena García; content revisers: Daphne Ortiz, Jennifer Keller; publication: Carlos Petz/Daphne Ortiz




IDEAS DE LA LIBERTAD

Nuestra misión es la enseñanza y difusión de los principios éticos, jurídicos y económicos de una sociedad de personas libres y responsables.

Universidad Francisco Marroquín